Although some people may think that providing coupons can cause your company to lose business, it may actually have the opposite effect. According to information from Compete, more than half of consumers who used a coupon code during their last online purchase would not have bought that item if they did not receive that discount. Some other information found about consumers who use coupons: Consumers who use coupons spent an average of $216, while consumers without a coupon spent an average of $122. Consumer satisfaction was higher for consumers who used a coupon (92%) than those who did not (88%). Consumers who used an online ...
Read the rest of this entry »Wealthy Consumers Not Afraid of Coupons
While coupon clipping may seem like an activity for people who may be struggling to get by, wealthy people are more than willing ot use coupons to save them some money. Six out of ten adult consumers that have an income of $100,000 have redeemed a coupon in the past six months, according to a survey from Coupons.com. Also, 39% of these consumers have redeemed coupons they received form an online source, making them twice as likely as adult consumers with an income less than $35,000. Another factor that goes against the coupon clipping stereotype is education. Adults with college degrees are ...
Read the rest of this entry »Online Coupons Help Companies Track Business Data
One way to increase the chances of enticing a potential customer to go with your business is to offer them a coupon. However, online coupons can also be used for your business to gather information for future marketing and sales, according to an article in the New York Times. The bar codes on the coupons can hold a lot of information including information about the customer, internet address, Facebook page information, what words were searched for in order to get the coupon, and more. Coupons can also be tracked for specific people using websites like Ebates or FatWallet, and know who is ...
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